A Wife’s Views on Social Security


I found the article “ Social Security: What’s the Magic Age? ” ( JofA , Jul.06, page 28) informative, but I was a little offended. It assumed that a wife could have earnings only up to 100% of her husband’s earnings (see the chart on page 31). In the next year I will be earning more than my husband and will continue to earn more. I would hope in the 21st century we will see wives earning more than their husbands and that we no longer take for granted that the wife is the secondary breadwinner in the family.

Cheryl Ward, CPA


6 key areas of change for accountants and auditors

New accounting standards on revenue recognition, leases, and credit losses present implementation challenges. This independently-written report identifies the hurdles that accounting professionals face and provides tips for overcoming the challenges.


How tax reform will impact individual taxpayers

Amy Wang, a CPA who is a senior technical manager for tax advocacy at the AICPA, answers to some of the most common questions on how the new tax reform law will impact individual taxpayers.